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<i>Technology and Oligopoly Capitalism</i>, by Luis Suarez-Villa (publisher: Routledge).<br>
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<br>
Description:<br>
<i>Technology and Oligopoly Capitalism</i> is a major contribution to our<br>
understanding of how technology oligopolies are shaping America’s<br>
social, economic, and political reality.<br>
<br>
Technology oligopolies are the most powerful socioeconomic entities in<br>
America. From cradle to grave, the decisions they make affect the most<br>
intimate aspects of our lives, how we work, what we eat, our health, how<br>
we communicate, what we know and believe, whom we elect, and how we<br>
relate to one another and to nature. Their power over markets, trade,<br>
regulation, and most every aspect of our governance is more intrusive<br>
and farther-reaching than ever. They benefit from tax breaks, government<br>
guarantees, and bailouts that we must pay for and have no control over.<br>
Their accumulation of capital creates immense wealth for a minuscule<br>
elite, deepening disparities while politics and governance become ever<br>
more subservient to their power. They determine our skills and transform<br>
employment through the tools and services they create, as no other<br>
organizations can. They produce a vast array of goods and services with<br>
labor, marketing, and research that are more intrusively controlled than<br>
ever, as workplace rights and job security are curtailed or disappear.<br>
Our consumption of their products---and their capacity to promote<br>
wants---is deep and far reaching, while the waste they generate raises<br>
concerns about the survival of life on our planet. And their links to<br>
geopolitics and the martial domain are stronger than ever, as they<br>
influence how warfare is waged and who will be vanquished.<br>
<br>
T<i>echnology and Oligopoly Capitalism</i>’s critical, multidisciplinary<br>
perspective provides a systemic vision of how oligopolistic power shapes<br>
these forces and phenomena. An inclusive approach spans the spectrum of<br>
technology oligopolies and the ways in which they deploy their power.<br>
Numerous, previously unpublished ideas expand the repertory of<br>
established work on the topics covered, advancing explanatory<br>
quality---to elucidate how and why technology oligopolies operate as<br>
they do, the dysfunctions that accompany their power, and their effects<br>
on society and nature. This book has no peers in the literature, in its<br>
scope, the unprecedented amount and diversity of documentation, the<br>
breadth of concepts, and the vast number of examples it provides. Its<br>
premises deserve to be taken into account by every student, researcher,<br>
policymaker, bibliographer, and author interested in the socioeconomic<br>
and political dimensions of technology in America.<br>
<br>
Contents:<br>
1. Introduction<br>
<br>
2. Power<br>
Pricing<br>
Co-Respectiveness<br>
Shareholder Returns<br>
Mergers and Acquisitions<br>
Entry Barrier Engineering<br>
Neo-Conglomerates<br>
Standards Setting<br>
Deregulation<br>
Innovation<br>
Development vs. Research<br>
Technological Barriers<br>
Intangibles<br>
International Projection<br>
Trade and the Dollar<br>
Cross-Shareholding<br>
Public Governance<br>
Anti-Regulatory Praxis<br>
Lobbying and Patronage<br>
Money in Politics<br>
Revolving Doors<br>
Judiciary System<br>
<br>
3. Accumulation<br>
Value<br>
Commodity Value<br>
Product Markets<br>
Competition<br>
Capital and Labor<br>
Accumulation and Pricing<br>
Oligopolistic Accumulation<br>
Consolidation<br>
Speculative Finance<br>
New Technologies<br>
Input Markets<br>
Imposing Terms<br>
Dual Oligopoly: Inputs, Products<br>
Labor Markets<br>
Insecurity<br>
Contingency Labor<br>
Uselabor<br>
Dual Oligopoly: Labor, Products<br>
Compound Oligopoly<br>
Complexity and Lock-In<br>
<br>
4. Transformation<br>
Elements<br>
Labor<br>
Capital<br>
Production<br>
Research and Product Development<br>
Commodification<br>
Commodity Fetishism<br>
Technological Fetishism<br>
Data Commodification<br>
Standardizing and Systematizing<br>
Reproduction<br>
Capital Resources<br>
Capacity for Work<br>
Labor Intangibles<br>
Capacity Utilization<br>
Excess Capacity<br>
Capacity-Price Engineering<br>
Typologies<br>
Extraction and Assemblage<br>
Integrative Production<br>
Inventive Appropriation<br>
<br>
5. Dysfunction<br>
Employment<br>
Technocapitalist Control<br>
Compensation and Productivity<br>
Long-Term Deficit<br>
Consumer Exploitation<br>
Pricing Differential<br>
Add-Ons<br>
Data Exploitation<br>
Clouds<br>
Networks<br>
Wants Contrivance<br>
Overconsumption<br>
Addictions<br>
Typologies<br>
Waste<br>
Toxicity and Pollution<br>
E-Waste<br>
Agro-Tech<br>
Microbiome Disruption<br>
Eco-Planetary<br>
Techno-Fixes<br>
Efficiency Mirage<br>
The Commons<br>
Lauderdale Paradox<br>
Access and Benefit<br>
Appropriation<br>
<br>
6. Domination<br>
Commodity Chains<br>
Arbitrage<br>
Labor Arbitrage<br>
Value Arbitrage<br>
Control Hierarchies<br>
Biotechnology<br>
Intellectual Property<br>
Cybernetics<br>
Financial<br>
Socio-Political<br>
Enforcement<br>
Enforcement Platform<br>
Multimodality<br>
Taxpaying<br>
Contractual Money<br>
Taxpayer Exploitation<br>
<br>
7. Techno-Oligarchy<br>
<br>
Chapter abstracts:<br>
2. Power.<br>
Considers the sources of power of technology oligopoly capitalism. A<br>
broad scope on how power is amassed and imposed is unique in treatments<br>
of technology. Control over market pricing is critically addressed, to<br>
show the importance of co-respectiveness, purported optimization of<br>
returns, mergers, acquisitions, entry barrier engineering, standards<br>
setting, and deregulation for oligopolistic power. Conceptualization of<br>
technology neo-conglomerates provides insights on how oligopolies expand<br>
their power as they deepen control over market pricing. Innovation is<br>
examined---to consider how invention and research have been turned into<br>
marketing accessories. The vital relevance of intangible resources,<br>
their social reproduction, and the obstacles posed by technology<br>
oligopolies are examined. International trade, monetary issues, and<br>
risky financial cross-shareholding are discussed critically. The<br>
influence of technology oligopolies on public governance considers<br>
strategies, how they promote anti-regulatory efforts, the spread of<br>
lobbying, patronage, and political contributions. The judiciary<br>
system’s role is addressed by considering landmark decisions and<br>
precedent as major sources of power. Treatment of strategies and<br>
actions---including those unique to technology oligopolies---and a vast<br>
amount of documentation make this chapter essential for researchers,<br>
students, policy-makers, and bibliographers. The contents of this<br>
chapter have no peer in the literature on technology, and are vitally<br>
important for specialists considering antitrust action.<br>
<br>
3. Accumulation.<br>
Analyzes the accumulative dynamic of technology oligopoly capitalism,<br>
its elements and market scenarios. Unique in its conceptualization of<br>
how the accumulative dynamic operates, and the importance of surpluses<br>
in the productive cycle. The relationship of oligopolistic capital<br>
accumulation to classical works provides much needed historical<br>
perspective on the importance of labor and capital in accumulation. <br>
Consideration of strategies that expand accumulation by capturing market<br>
segments---and the role of acquisitions, entry barriers, finance, data<br>
appropriation, clouds and platforms---document their importance for<br>
oligopolistic control over the productive cycle. Conceptualization and<br>
discussion of dual and compound oligopoly---and their relationship with<br>
aspects uniquely found in technology oligopolies---have no peers in the<br>
literature. Definition and elaboration of the concept of uselabor<br>
provides insights on a phenomenon unique to social media and search<br>
oligopolies. Emergence of uselabor and its relationship with the<br>
commercialization of the web, data appropriation, and capital<br>
accumulation is considered in detail. A vast amount of documentation<br>
makes this chapter a vital reference work for technology studies. The<br>
contents of this chapter should be considered essential reading and<br>
reference for researchers, students, policy-makers, bibliographers, and<br>
those interested in knowing how technology oligopolies became as<br>
important as they are.<br>
<br>
4. Transformation.<br>
Examines the deep structure of how commodities are transformed through<br>
production, research and product development. Unique in its breadth,<br>
details, and documentation. Distinctive systemic elements and phenomena<br>
of productive transformation are considered critically. The<br>
relationship of transformation to classical works and their views on<br>
labor provides historical perspective, relating it to critical aspects<br>
of value and creativity. In-depth treatment of the phenomena of<br>
commodification and reproduction is unprecedented in the literature,<br>
providing unique insights on the technology domain. Definition and<br>
elaboration of the concepts of technological fetishism and of<br>
capacity-price engineering explain distinctive operational features of<br>
oligopolistic control. Use of the concept of systematized research<br>
regimes to explain how research and product development operate provides<br>
necessary perspectives on the value of labor intangibles. Further<br>
development of the concept of uselabor explains how production operates<br>
in social media oligopolies, and its implications for fairness and<br>
justice. A typological analysis then provides a synthesis of how the<br>
multiple facets of transformation operate in concert. The vast amount<br>
of documentation makes this chapter a major reference work. This<br>
chapter has no peers in the literature, and should be of vital interest<br>
to bibliographers, researchers, policy analysts, students, and authors<br>
interested in how technology oligopolies produce, create and exploit.<br>
<br>
5. Dysfunction.<br>
Analyzes major systemic dysfunctions of technology oligopolies and their<br>
effects on economic wellbeing, health and nature. Influence of new<br>
technologies on employment and their dysfunctional effects regarding<br>
productivity, the long-term job deficit, and workplace control. <br>
Conceptualization of consumer exploitation has no peers in the<br>
technology literature. Role of the pricing differential as a<br>
dysfunctional feature of consumption is documented with numerous<br>
examples. Unique in its conceptualization of data exploitation in<br>
technology oligopolies, the role of networks and data clouds. <br>
Conceptualization of wants contrivance, its effects and typologies,<br>
provides much needed perspective. Analyses of the micro- and<br>
macro-panorama of waste and their effects on the environment, health and<br>
nature have no peer in the literature. Examination of proposed<br>
techno-fixes to eco-planetary dysfunction emphasizes the urgency of<br>
addressing carbon emissions, climate change and the destruction of life.<br>
Consideration of the commons addresses dysfunctional aspects of access,<br>
benefit and expropriation---addressing the contradiction between private<br>
wealth and collective benefit. Extensive documentation makes this<br>
chapter a major reference work for bibliographers, students,<br>
researchers, policy analysts, and authors interested in technology. The<br>
contents of this chapter have no peer in the technology literature, and<br>
should be considered required reading for courses on technology and<br>
society, policy analysis, and social economics.<br>
<br>
6. Domination.<br>
Provides macro-systemic perspectives on the vital importance of global<br>
domination for technology oligopoly capitalism. Unique in how it<br>
relates technology oligopoly capitalism to the martial domain, and to<br>
global domination over new technologies. The symbiotic relationship<br>
between technology oligopolies and the martial domain is explored<br>
through several binding elements---geopolitics, commodity chains, labor<br>
and value arbitrage, and the setting of hierarchic global controls over<br>
the most advanced technologies. Technology-enabled, “soft” approaches<br>
to domination---and the role of technology oligopolies---are explored<br>
and documented. Ways of enforcing domination are analyzed, considering<br>
the role of technology oligopolies, their symbiosis with the military<br>
apparatus, and their global impacts. Multimodality in warfare---and its<br>
relationship with technology oligopolies---is explored and documented. <br>
The concept of taxpayer exploitation---and its relationship with the<br>
creation and use of new technologies by the martial domain---is<br>
presented and extensively documented. Numerous contemporary examples<br>
are provided throughout, along with a vast bibliography that reaches<br>
across the technology spectrum. The contents of this chapter have no<br>
peers in the literature, in their scope and multidisciplinary<br>
perspectives. The vast amount of documentation provided makes it<br>
essential reading for any researcher, student, author or bibliographer<br>
wishing to explore how technology oligopolies condition our contemporary<br>
global reality.<br>
<br>
7. Techno-Oligarchy.<br>
The existential impasse of technology oligopoly capitalism, and the<br>
relations of power imposed by a minuscule, but very wealthy and powerful<br>
elite, are core concerns of this chapter. Unique in its<br>
conceptualization of a totalistic supra-structure that operates as an<br>
alter state---to perpetuate the power of a minuscule elite. Its<br>
systemic inducement of social alienation---a pervasive feature of<br>
contemporary life---is examined. Alienation from nature, from invention<br>
and innovation, from governance, the martial domain, and from socially<br>
responsible taxation are considered---to link up with contents of<br>
previous chapters. This approach broadens the concept of social<br>
alienation, by relating it to macro-scale aspects of technology<br>
oligopoly capitalism that are unique in the technology literature. Ways<br>
to move forward are addressed, to help chart a trajectory that can<br>
provide constructive alternatives. The concept of totalistic control<br>
structure may motivate researchers and students to look into the macro<br>
dimensions of social systems, and the impacts of technology. Important<br>
for conceptualizations of social structure, and the evolution of the<br>
relations of power in society. The contents of this chapter should be<br>
considered essential reading for researchers, authors and students who<br>
wish to understand the power of oligarchic elites over technology, and<br>
the imposition of totalistic supra-structures.<br>
<br>
Notes.<br>
Provide the most extensive documentation of any work in the technology<br>
literature (existing or past). Unique as a reference resource for<br>
bibliographers, librarians, students, researchers and policy-makers. <br>
References can become the core of a digital library on technology---due<br>
to their breadth, their extent, and the level of detail. Such a library<br>
would be a major reference resource for the twenty-first century.<br>
________<br>
<br>
Luis Suarez-Villa is Professor Emeritus of Social Ecology and of<br>
Planning, Policy, and Design at the University of California (Irvine).<br>
Among his previous books are <i>Corporate Power, Oligopolies, and the<br>
Crisis of the State</i>; <i>Globalization and Technocapitalism</i>; and<br>
<i>Technocapitalism: A Critical Perspective on Technological Innovation and</i></div>
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<i>Corporatism</i>.</div>
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<a href="https://faculty.sites.uci.edu/suarezvilla/" target="_blank" id="OWAd4bf2c85-fdfb-7eba-310a-f81949476236" class="x_OWAAutoLink" title="https://faculty.sites.uci.edu/suarezvilla/" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="2" data-loopstyle="linkonly" style="margin: 0px;">Luis
Suarez-Villa – UCI School of Social Ecology</a></div>
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________</div>
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